8240 SW 87 TER, South Miami, FL 33143
Parcel: 3040340120300 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$306,672
Property Details
Beds
4
Baths
2
Living Sqft
2,559
Year Built
1964
Lot Sqft
16,971
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$155,000
1985-07-01
2
$100non-market transfer
2024-03-11
PEDRO LEON &W LAI WAN NG → PEDRO LEON TRS
3
N/A
2024-03-15
Tax Assessment History
$306,672
Assessed (2025)
$1,057,528
Market Value
$255,950
Taxable Value
$5,211
Annual Tax
2024
$298,030
$977,704
2025
$306,672
$1,057,528
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $306,672 | $1,057,528 | $255,950 | $5,211 | $719,348 | $338,180 |
| 2024 | $298,030 | $977,704 | $248,030 | $5,050 | $639,420 | $338,284 |
About 8240 SW 87 TER, South Miami, FL 33143
8240 SW 87 TER, South Miami, FL 33143 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 2,559 square feet of living space on a 16,971 square foot lot. The property is currently owned by PEDRO LEON TRS LEON FAMILY TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 3 recorded sales for this property. The 2025 assessed value is $306,672 with a market value of $1,057,528. This breaks down to $719,348 for the land and $338,180 for the building.
The assessed value increased 3% from $298,030 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $150,809, and the median home value is $814,900.
The population density is 3,263 people per square mile. 8240 SW 87 TER, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 1985 to 2024, with 3 recorded transactions in the public record..
Current Owner
PEDRO LEON TRS LEON FAMILY TRUST
8240 SW 87 TER, MIAMI, FL, 33143
Since: 2026-04-19
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Est. Annual Insurance
$4,080 — $7,546
Flood $400 — $800
Property/Wind $3,680 — $6,746
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$150,809
Median Home Value$814,900
Pop. Density3,263/sq mi
Neighborhood 33143
46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
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